Based on Bijing.com, Pump.fun has withdrawn $50 million and transferred 1.1 billion USDC to Circle via wallet, according to a post by on-chain analytics platform Lookonchain. Over the past ten months, the project deposited 61.75 million USDC into Kraken and has sold 4.19 million SOL (worth $757 million) since May 2024, with most funds going into Kraken.
Pump.fun Withdraws $50M, Transfers $1.1B USDC to Circle
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Summary
Pump.fun has withdrawn $50 million and transferred 1.1 billion USDC to Circle via wallet, according to a project announcement from on-chain news platform Lookonchain. Over the past ten months, the project deposited 61.75 million USDC into Kraken and sold 4.19 million SOL (worth $757 million) since May 2024, with most funds going into Kraken.
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